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melisa1 [442]
3 years ago
10

Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa

rty commits a material breach of the contract that creates damages difficult to esti-mate but approximately $1,000." This is​:
Business
1 answer:
ASHA 777 [7]3 years ago
6 0

Answer:

A liquidated damages clause

Explanation:

A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.

Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.

In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.

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An investment of $1 each in two different securities led to a value of $11 (Security A) and $16 (Security B), respectively, afte
jonny [76]

Answer:

A

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

Security A : 11 = 1( 1 + r)^15

11^(1/15) =  1( 1 + r)

1.173 = 1 + r

r = 1.173 - 1

r = 17.33%

Security A : 16 = 1( 1 + r)^15

16^(1/15) =  1( 1 + r)

1.20 = 1 + r

r = 1.2 - 1

r = 0.2

r = 20%

Security B earned a higher average annual rate of return as 20% is greater than 17.33%

3 0
3 years ago
Question 7 of 10
zzz [600]

Answer:

The answer is B..........

8 0
3 years ago
Your godmother put $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. What is the rate of return on the
damaskus [11]

Your godmother put $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. 9.60% is the rate of return on the trust fund.

FV =  Future Value

PV =  Present Value

r =  rate of interest

n=  no of period

   

FV/ PV =  (1 + r )^n

5000/2000   =  (1 + r%)^10

2.5 = (1 + r%)^10

r = 9.60%.

The rate of return is the net profit or loss of an investment over a period of time, expressed as a percentage of the original cost of the investment. 1 When calculating the rate of return, find the percentage change from the beginning of the period to the end of the period.

Learn more about the rate of return at

brainly.com/question/3578105

#SPJ4

7 0
2 years ago
Feedback is important in improving your performance, and we should solicit feedback, and not just wait until someone provides us
Serhud [2]

Answer:

The given statement is "True".

Explanation:

  • Feedback would be a significant aspect in improving the accomplishment or organization's success.
  • Requesting or waiting for such feedback might contribute to less and less input, although the organization must request for input, this same person might communicate with the organization by requesting comments.

Thus the above is the correct answer.

8 0
3 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
Karo-lina-s [1.5K]

Answer:

The answer is E. $24,000

Explanation:

Straight line depreciation method equals

Cost of asset - salvage value / number of years.

Cost of asset is $135,000

Salvage value is $15,000

Number of years is 5 years

$135,000 - $15,000/5 years

$120,000/5 years

=$24,000

Straight line method of depreciation has equal amount all through the year.

The first year through it end life.

Therefore, machines' first year depreciation under the straight-line method is $24,000

6 0
3 years ago
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